Uber Doling Out $250 Million in Bonuses to Drivers
SAN FRANCISCO — Uber, the nation’s leading ride-sharing company, is launching a $250 million driver stimulus to get more drivers back on the road. The company saw a huge decline … Read More
Category: Uber
Uber Buying Drizly for $1.1 Billion
SAN FRANCISCO — Uber will soon be bringing you the booze. Uber announced it will acquire Boston-based Drizly for approximately $1.1 billion. The deal will likely be 90% stock and … Read More
Uber Snaps Up Postmates in $2.65 Billion Deal
SAN FRANCISCO — Uber Technologies will acquire delivery service Postmates for approximately $2.65 billion in an all-stock transaction. Both companies are based in SF. The deal brings together Uber’s global … Read More
Uber Eats to Waive Delivery Fees for Independent Restaurants
Uber announced it would waive the Delivery Fee for more than 100,000 independent restaurants across US & Canada on its Uber Eats delivery service. The move matches a similar fee … Read More
Uber Hires New Marketing VP
Ridesharing giant Uber has hired Thomas Ranese as its new Vice President of Global Marketing. The move comes after Uber reportedly laid off 400 employees in its marketing department recently … Read More
Uber to Go Public at $45 Per Share
Friday is one of the biggest days in tech history as San Francisco-based Uber Technologies finally makes its debut on the stock market. The ridesharing pioneer is going public on … Read More
Top 5 Cities for Uber
Uber is expected to go public this Thursday in the largest IPO this year. The company listed in its S-1 filing that it depends on nearly a quarter of its … Read More
Toyota, Softbank Invest $1 Billion in Uber Self-Driving Technology
SAN FRANCISCO & TOKYO — Toyota Motor Corp., auto supplier DENSO Corporation and the SoftBank Vision Fund (SVF) will together invest $1 billion in Uber Technologies Inc.’s Advanced Technologies Group … Read More
Uber Buys Careem for $3.1 Billion
SAN FRANCISCO AND DUBAI — Ridesharing giant Uber has agreed to acquire Careem, based in Dubai, for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in … Read More
Uber Eats to Feed SXSW Visitors
As an official partner of SXSW in Austin, TX, Uber Eats is teaming up with some of Austin’s best restaurants and national foodie favorites to transform the festival’s culinary experience. … Read More
Uber List of Most Lost Stuff in Cars
Uber has released its third annual Uber Lost & Found Index and smartphones (no surprise) top the list of most forgotten items. The Index is a snapshot of riders’ most … Read More
Top 25 Most Valuable Venture Backed Companies
Research firm Pitchbook has released an updated list of the Top 25 Most Valuable Venture Capital backed companies. There are actually 28 companies on the list since five are tied … Read More
Uber Eats Rolls Out Starbucks Delivery in SF
Uber Eats is now delivering from Starbucks to customers in San Francisco. The Starbucks launch this week in San Francisco with Uber Eats is the first of six new markets … Read More
Starbucks to Deliver With Uber Eats
Starbucks, the nation’s largest coffee chain, said it plans to begin offering delivery of its famous hot and cold beverages in the first quarter of 2019 in a partnership with … Read More
Uber Eats to Expand to 70% of US Population
Uber Eats, the food delivery division of Uber, says its service will be rolling out into new cities by the end of the year to cover 70% of the U.S. population. … Read More
Uber Settles Data Breach Coverup for $148 Million
SAN FRANCISCO – California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón have announced a $148 million nationwide settlement resolving allegations that Uber Technologies, Inc. (Uber) violated state data … Read More
Uber Launches New Debit Card for Drivers
Uber has launched a new debit card just for its drivers. The Uber Visa Debit Card from GoBank is designed exclusively for drivers and delivery partners that rewards everyday spending … Read More
Uber Unveils Service for Healthcare Customers
Uber is launching a new service to help people get to medical appointments called Uber Health. Every year, 3.6 million Americans miss doctor appointments due to a lack of reliable … Read More
Uber to Use NVIDIA Technology in Self-Driving Cars
Uber announced that the ridesharing company has selected NVIDIA technology for the AI computing system in its fleet of self-driving vehicles. Speaking at the opening press conference of CES … Read More
Uber Launches Credit Card With Barclays
Uber has launched a new Visa Card in partnership with Barclays that will be seamlessly integrated into the Uber mobile app. The no-fee credit card gives cardmembers the opportunity to instantly … Read More
Uber Names New CEO
Uber has hired Dara Khosrowshahi as its new CEO. He is leaving the CEO position at travel site Expedia to join the world’s leading ridesharing company. Khosrowshahi reportedly beat … Read More
Uber CEO Apologizes Over Video Fight
Uber CEO Travis Kalanick sent the following note to all Uber employees on Tuesday evening. By now I’m sure you’ve seen the video where I treated an Uber driver … Read More
Uber to Use Self-Driving Mercedes-Benz Cars
STUTTGART, Germany and SAN FRANCISCO — Germany’s Daimler auto company and Uber have announced an agreement to cooperate on the supply and operation of self-driving Mercedes-Benz vehicles. Under the terms … Read More
Uber to Create $3 Million Legal Defense Fund
Uber CEO Travis Kalanick announced it will create a $3 million legal defense fund to help its drivers with immigration and translation services. The move is in response to … Read More